Daily review of epichlorohydrin: light pattern

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on May 19, 2010: The domestic market for epichlorohydrin is light and wait-and-see.
On the last trading day (May 18), the mainstream transaction price in East China in the mainstream market continued to stay in the range of 16,800-17,000 yuan/ton.
Market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the market sentiment was thin and trading was sluggish.
Although domestic manufacturers offer high prices, the spot market is not appreciative.
Wait and see the light pattern continues, and negotiations It is difficult to see improvement, except for the normal circulation of contracted sources and limited spot shipments; the stock market and the bulk commodity market plummeted on Monday-encountering Black Monday, but the supply and demand relationship of epichlorohydrin was affected.
Manufacturers actively supported the market and the spot market maintained Deadlock, the current international crude oil has fallen to US$70/barrel, the domestic and foreign commodity markets continue to be under pressure, the downstream is cautious about the high level of epichlorohydrin, and the short-term wait-and-see is the majority.
It is expected that the spot market will continue to fluctuate within a narrow range.
The quoted prices of some raw material propylene manufacturers have been lowered, and mainstream negotiations have dropped to 9,800-9900 yuan per ton.
Oil prices have plummeted, polypropylene has fallen, and the market for epoxy products has been sluggish.
Although a wide range of low-priced products have not yet appeared in the market, the risk of market outlook adjustment has increased.
Pay more attention; the market price of liquid chlorine has risen slightly, and the mainstream negotiation in Shandong region will raise it to 1500-1600 yuan/ton.
Supply and demand are restricted, and the expected adjustment space is limited.
Although the downward adjustment calls for bulk commodities are urgent and the atmosphere is sluggish, the epichlorohydrin market is short-term cost imbalanced, the contradiction between supply and demand, and the major manufacturers are actively supporting the market.
The current high levels in the downstream are mostly resisting and waiting.

    On the previous trading day (May 18), domestic manufacturers of epichlorohydrin market supported the market, the atmosphere was flat, downstream felt high risks, short-term digestion of stocks was cautiously wait and see, there were few transactions heard in the market, weak consolidation, local low-end talks reached 16,500 yuan /Ton; domestic manufacturers have continued to overhaul and overall supply has decreased.
In view of the weakening of the market and the growth of anxiety, especially the continuous decline of international crude oil, the wait-and-see atmosphere has been intensified.
The market trend is temporarily unclear.
Continue to pay attention to the price guidance of major manufacturers.
The wait-and-see atmosphere in the market was even more intense that day, and merchants were cautiously bearish and focused on arranging inventory.
Due to the lack of buyer interest in purchasing, the difficulty of spot delivery, the difficulty of high positions, and the deadlock in transactions.
The downstream epoxy resin fluctuates in a narrow range, and the two major raw materials continue to fall.
Although the epoxy resin is supporting the price, end users are looking for low-priced goods, orders have been reduced, and some secretly lowered the transaction price.
Although major domestic manufacturers insisted on their quotations, the downstream wait-and-see atmosphere was relatively strong, and they were still passively purchasing.
The short-term short-term atmosphere was further permeated, accompanied by the impact of low-price supply in the market and the weak spot consolidation.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 17,000-17,500 yuan/ton, the mainstream transaction price is 16,800-17,000 yuan/ton; the mainstream quotation in Huangshan region is 17,000～ 17,500 yuan/ton, the mainstream transaction price is 16800-17000 yuan/ton; the mainstream quotation in North China is 17000-17500 yuan/ton, the mainstream transaction price is 16500-16800 yuan/ton; the mainstream quotation in South China is 17500-18,000 yuan/ton, the mainstream transaction price 17300～17500 yuan/ton.

    Domestic epichlorohydrin manufacturers are mainly responsible for maintaining stability, individually raising quotations and overhauls are coming to an end.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), Bohui Chemical’s ex-factory price is 17,500 yuan/ton (including freight), and 8+8+80,000 tons/year installation on May 12 Starting to stop for round repairs and nearing the end, contract supply is mainly, no orders will be received temporarily; Tianjin Chemicals factory quoted 17,000 yuan/ton (including freight), 2.
8+33,000 tons/year, and the plant will be shut down for maintenance from 11 to 16 days and is currently in normal operation.
; Xinyue Chemical's ex-factory price is 18,000 yuan/ton (including freight), 500 yuan/ton is raised, 40,000 tons/year, the plant is operating stably and at full load; Qilu Petrochemical’s ex-factory price is 17,000 yuan/ton (including freight), 32,000 tons /Year equipment load is 50%, the contract is the main, the delivery is normal, and the goods are wait-and-see; Yangnong Chemical has closed the plate, the pre-factory price is 15,000 yuan/ton (including freight), and the 3+30,000 tons/year device is under maintenance and planned 7 ～10th, mostly for self-use and small export sales; CNOOC Limited’s ex-factory quotation is 14,000 yuan/ton (including freight) in the early stage, and the 40,000-ton/year plant starts smoothly at full load and 80% of the load.
The pre-contract and core users are Main; Huaxiang chlor-alkali ex-factory quotation is 16,500 yuan/ton (including freight), 35,000 tons/year, the plant is operating normally, 70% is started, and the sales are average, and the goods are on-the-go; Baling Petrochemical’s ex-factory quotation is 17,500 yuan/ton (including freight), The 32,000-ton/year device is operating normally, the load is high, and it is mainly for self-use, but a small amount of external supply; Anbang electrochemical seals, the pre-factory price is 6,500 yuan/ton (including freight), and the 25,000-ton/year device continues to stop and restart time Unknown.

(Our reporter Xi Shu)

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